If you compare the increase in value of investment property in Runcorn, 4113 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 4.59%.
Across a shorter period, Runcorn, 4113 has seen a median price increase of 1.32% over the last quarter.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.78% offered to property buyers. Sellers in Runcorn itself are offering an average vendor discount of -4.26% to real estate investors.
At number 752 in a list of fastest selling suburbs, Runcorn is in the TOP 20% of suburbs in Australia with an average of days on market 48.09 for properties listed there.
Property investors should expect to get $400 weekly from the median priced house in this suburb.
QLD has seen average median house prices change by 0.30% which means that Runcorn, 4113 has done well for property investors by showing a capital gain of -2.78% over the last year
If we look at median property appreciation over just the last three months, Runcorn has given property investors a paper return of -0.25%. This puts Suburb as 207 on a list of fastest fasting appreciating suburbs in QLD
Property investors looking for a bargain in Runcorn should be aiming for at least -4.56% off the asking price, which is the average vendor discount being achieved at the moment.
At number 943 in a list of fastest selling suburbs, Runcorn is in the bottom 40% of suburbs in Australia with an average of days on market 84.1 for properties listed there.
Runcorn, 4113’s gross rental yield is 5.87%